Why is the audit plan and why

Reference no: EM13499806

The Bakfirn Corp ending of year 12/31/20×× Sales 10,000,000 previous year current year 9,500,000 DSO 90-120 this year, last year 80-90 days inventory turns decrease from 3 to 2 per year account receivable abd inventory makes up of 80% of tatal assets
the audit recivable treshold 3000 this year prior year 1000000 end of year inventory 25000000 accounts recivable end year 2740000 or 100 DSO what is the initail risk high medium or low & why why is the audit plan and why

Reference no: EM13499806

Questions Cloud

What is the direction of daniel velocity after the collision : Two ice skaters, Daniel (mass 63.1 kg ) and Rebecca (mass 45.9 kg ), are practicing. Daniel stops to tie his shoelace and, while at rest, is struck by Rebecca, What is the direction of Daniel's velocity after the collision

Sales budget for the last six months of 2007 : Copper Corporation has the following sales budget for the last six months of 2007

Explain the molality of in the solid solution : Brass is a substitutional alloy consisting of a solution of copper and zinc. A particular sample of red brass consisting of 80.0%Cu and 20.0% Zn by mass has a density of 8780 k/m3. a)What is the molality of in the solid solution

Determine the resistance of a household : A typical American family uses 600 kWh of electricity a month. what is the resistance of a household

Why is the audit plan and why : Why is the audit plan and why

Characteristics of effective leaders : Analyze some of the more common leadership styles and characteristics of effective leaders, utilizing the guidance below. Before starting, view the Leadership Styles and Characteristics illustration from your studies for this unit.

Explain a solution containing 5.0g of each glycerol : The question reads "A solution containing 5.0g of each glycerol and H2O, and the water has a density of 1.10 g/ml. Calculate the molarity

What income tax consequences ensue from tim suggest approach : What income tax consequences ensue from Tim's suggested approach? Compare this result with what would happen if Tim merely transferred the Moore farm in return for stock in the new corporation.

How many boxes should be produced in 2012 : How many boxes should be produced in 2012?

User Account

All Pages